Elon Musk lost the title of world’s richest person on Wednesday, according toForbes’ billionaire rankings. The Tesla CEO lost $3.4 billion of his net worth overnight as the electric car company’s stock plummetted. So far this year, Musk has lost more than $100 billion to the carmaker...
Musk, the richest man in the world with a net worth of $242 billion, according to Forbes, has pledged to give away $1 million a day to voters for signing his political action committee's petition backing the Constitution, a pledge experts say raises legal questions. SpaceX and Tesla fou...
Elon Musk has risen to fame by founding some of the most innovative tech companies in the world today, including electric vehicle maker Tesla and space exploration company SpaceX. Today,Musk ranks as the richest person in the world, according to Bloomberg, largely thanks to his roughly 13 perc...
World’s richest man Elon Musk leaves Jeff Bezos in the dust by $237 billion, thanks to Donald Trump’s friendship BYBrooke Seipel December 31, 2024 at 3:03 PM EST President-elect Donald Trump and Elon Musk talk ringside during the UFC 309 event at Madison Square Garden on...
A 2.8 percent rally in the electric carmaker’s share price Wednesday boosted Musk to within US$3 billion of Amazon.com Inc founder Jeff Bezos, who currently occupies the top spot on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people. The South Africa-born engi...
Musk had been the world's richest man since September 2021, taking over from Amazon CEO Jeff Bezos. Much of Musk's wealth is tied up in his private companies including rocket and internet firm SpaceX, infrastructure and tunnel construction services company The Boring Company, and Neuralink...
Tesla CEO Elon Musk, ranked as the world's wealthiest person by both Forbes and the Bloomberg Billionaires Index, last year explained that the secret to his wealth is simple: "I own 20% of a company that became very valuable." Musk, whose wealth is pegged at $240 billion byBloomberg, ...
Elon Musk is the richest person in the world again, according to Bloomberg Billionaires Index’s updated figures Thursday. The Tesla CEO saw his wealth jump 40.3% this year to $192 billion, after shares of the electric car maker rose about 24% in May, according to Eikon data. Musk owns ...
On paper Elon Musk has already won the space race with his rival. Last year his rockets accounted for half of all launches worldwide. But Jeff Bezos will be sanguine. He's in this for the long game.
Elon Musk has reclaimed the title of the richest person in the world,per Bloomberg’s tally. The Tesla CEO was unseated from the top spot by Bernard Arnault, CEO of French luxury brand LVMH(LVMHF),in December of last year, making Musk No. 2 on the list for more than two months. As...